Tag "Dubai Financial Services Authority (DFSA)"
CFS DIFC Gets DFSA License to Offer Insurance Advisory Services
Insurance broker CFS DIFC has secured a license from the Dubai Financial Services Authority (DFSA) to advise on financial products and investments related to long term insurance contracts. The DFSA license also sees the company joining the Dubai International Financial
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Baraka Raises US$20M Series A Led by Peter Thiel’s Valar Ventures
Dubai-based trading app baraka has closed a US$20 million Series A round led by Peter Thiel’s Valar Ventures, with participation from investment advisory firm Knollwood. The company says that the funding will be used for regional licensing and expansion, as
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Report Details 11 Fintech Regulatory Sandboxes in MENA in 2022
The MENA Fintech Association’s (MFTA) Open Finance Working Group has published a new report on the rise of open banking and embedded finance in the Middle East and North Africa. The report found that regulators in the region have been
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UAE Money App Mamo is Now Licensed to Offer Payment Services in the DIFC
Dubai-based money app Mamo has been granted a license by the Dubai Financial Services Authority (DFSA) to operate within the Dubai International Financial Centre (DIFC), a special economic zone and leading financial hub in the Emirates. The company was previously
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Tarabut Gateway Becomes First Regulated Open Banking Platform in the UAE
Tarabut Gateway has been granted a licence by Dubai Financial Services Authority (DFSA) to provide money services in and from Dubai International Financial Centre (DIFC). DFSA is the independent regulator of financial services in DIFC, the leading global financial centre
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Dubai Regulator Seeks Feedback on Security Tokens Regulations
The Dubai Financial Services Authority (DFSA) is requesting feedback on its proposed regulation of security tokens. The DFSA has published its “Framework for Regulating Security Tokens” which includes derivatives as well and will be open to public consultation for a period
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UK Startup Ebury First to Receive Financial Services License Under DFSA
Dubai International Financial Centre (DIFC), announced that Ebury, a UK fintech startup offering cross-border financial services and risk management, has been granted a Financial Services license to carry out the regulated activity of providing Money Services from the center. Ebury,
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Dubai’s Sandbox Sees The Largest Number of Application to Date
The Dubai Financial Services Authority (DFSA) announced that it has accepted 16 firms into its 2020 Summer Innovation Testing Licence (ITL) Cohort. The ITL programme provides a unique environment that helps firms to test innovative solutions in and from the
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Dubai Financial Services Authority Published Discussion Paper on Digital Assets Custody
The Dubai Financial Services Authority (DFSA) along with Deloitte Middle East published “A Market Overview of Custody for Digital Assets” with the aim of highlighting the importance of digital asset custodians and the key role they play in the future
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Dubai Welcomes Regulatory Sandbox Applications for Its 2020 Summer Cohort
The Dubai Financial Services Authority (DFSA) invites applications from local and international companies to apply to join its 2020 Summer Cohort. Successful cohort applicants will be invited to apply to enter the DFSA’s version of the regulatory sandbox, known as
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